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live to a polling location where vice presidential candidate paul ryan is about to cast his vote next. >> and ralph nader in a first on cnbc interview. we look at this morning's early movers on wall street. up. a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the bar on flying and tomorrow we will up it yet again. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 thei
's to the right. we'll see what happens with the senate. how much room are they going to give him even with paul ryan acting as a liaison? >> again, the first thing we have to do is get the fiscal cliff fixed. i think governor romney would like to extend everything for a year. if you look at fiscal policy history, when you have a president who leads, a president that negotiates with the other side and uses treasury staff to write a tax bill and then sends that bill up to congress and says, look, guys, this is the best we can do. no cherry picking. that's the history of successful presidential leadership. it's not something we've seen over the last four years and something you will see if governor romney is elected. he'll be compromising and negotiating and trying to get legislation done as he did in massachusetts. >> there was a suggestion that if president obama lost the election would veto any move on the fiscal cliff that didn't involve a higher rate of taxation on the wealthy people in the country. how do you work around that? how disruptive could that be? >> you know, i think there's been a
enough, he's going to meet with paul ryan. where that goes is also anybody's guess, but before that meeting, the speaker's office telling us they accepted the meeting only on the condition that the white house bring up some specific spending cuts and get serious about spending, i talked to senator lindsay gram, a republican, just before geithner walked into the building. he said he doesn't think there's that much asphalt on the road for reins to talk about tax increases at this point, he want f s to see some specific offers from the democrats. >> we'll be coming back to you not too long from now. >>> now to a big earnings mover in the luxury retail sales. brian, i read through your note that you issued this morning. you said still weak but not dismal. same store sales up 1%. inventories climbed 11%. this is not dismal, they are cutting the third year. >> as i look through the results today and there's no question on the face of them, they look really bad. tiffany did earnings per share of 45 cents, we were at 62 cents, i think the street was at 63. the crux of that miss was gro
right after mitt romney had selected paul ryan as his vice presidential running mate and ryan proposed farther reaching proposals in medicare than democrats were willing to support. what do you think is the effect of the candidacy on where we pick up the negotiations now? >> i don't think it's had much effect. really. other than really extreme proposal that congressman ryan had in his first budget has been pretty much rejected by even his own party. i don't think anybody is going to accept shredding medicare in order to get an agreement. that cannot be the answer. >> senator, one last question here. the dow is up 30 points. when these negotiations began, they were down 40, 50 points. pelosi makes a point of potentially creating a method to create to the market how negotiations are going without negotiating in public. is there a way to do that between now and year end? >> yeah. that's to get a result. you know? at the end of the day, what really has to happen is that we agree on a down payment, something that would be put in place right away. and we agree on a framework so that we know
and applause ] you know, next to ann romney, paul ryan is the best choice i have ever made, i got to tell you. now, we're just entering the final weekend of the campaign, and as you know at the obama rallies they're shouting four more years, four more years, and i just heard you, we're shouting four more days, and we're so very grateful to you and people across the country for all you've done to give yourselves to this campaign. this is not just about paul and me, this is about america, about the future we're going to leave to our children. we thank you, and we ask you to stay all the way to the if ininitial line because we're going to win on tuesday night. [ cheers and applause ] you know, the closing hours of a campaign have a dynamic all their own. a lot of voters have known for some time who they were going to vote for. but there are others that are just now putting aside the demands of their daily life and considering how their vote will affect their own life, the life of their children, and, of course, the course of the country that we love. and we ask them and you to look beyond the sp
. suddenly you have paul ryan back in the mix. this is like having john back in the mix. i don't know if you remember him. there are still a lot of people, a lot of people in the republican party who are saying this $250,000 and more, i will go to my grave before i raise taxes for the wealthy and i'm not hearing any of these guys saying i used to believe in not raising taxes for the wealthy and now i believe it. >> david has been a critic. problems are going to come along. in light of that, what's today all about? what are these futures all about? >> we live in a period of hope where you come in and the last guy you spoke is positive. the next guy -- senator mcconnell, i think what he says is futures you should be up, market should be down. we're not going anywhere. go short the market. that's not exactly what mcconnell would be saying but that's how i would read his comments. favors lower stock prices for all. that's a problem. >> it was interesting that he addresses december selling and notion that higher capital gains taxes, higher dividend taxes are going to increase selling. jpmorgan is
Search Results 0 to 5 of about 6